News Centre

Nigerian Exchange Weekly Market Report For September 10th, 2021

Date 10/09/2021

A total turnover of 1.426 billion shares worth N13.073 billion in 19,315 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.338 billion shares valued at N8.650 billion that exchanged hands last week in 19,830 deals.

MGEX Announces Second Best Volume Day In History

Date 10/09/2021

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), announces that Thursday, September 9th, 2021 was the second best volume day in history with a total of 35,979 contracts. This was the first time since June 2017 where total daily volume surpassed 30,000 contracts. Having its best volume day, SPIKES® Futures traded 14,890 contracts yesterday.

Deutsche Börse: Unscheduled Adjustment In DAX - Adjustments Due To Spin-Off Of Vitesco Technologies Group AG From Continental AG - DAX Calculation On 16 September With 31 Companies

Date 10/09/2021

Qontigo’s global index provider STOXX Ltd. has announced an unscheduled change to the DAX index. Following the spin-off of Vitesco Technologies Group AG from Continental AG, an adjustment of the DAX index is required: On 16 September 2021, Vitesco Technologies Group AG will be included in the DAX index for one day. This adjustment ensures the trackability of the index for investors. The DAX index will accordingly be calculated on a basis of 31 companies for one day.

Nadex Temporarily Amends Binary Contracts Strike Width

Date 10/09/2021

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(d) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) hereby provides notice that due to increased or decreased volatility, as the case may be, in the underlying markets upon which the Nadex contracts are based, Nadex made changes to the strike widths of various contracts during the week of September 6, 2021 as indicated in the Weekly Notice. 

Office Of The Comptroller Of The Currency To Hold Hearing On Charges Against Former Wells Fargo Bank, N.A. Executives - Agency Seeks Prohibition Order, Orders To Cease And Desist, And Civil Money Penalties

Date 10/09/2021

The Office of the Comptroller of the Currency (OCC) today announced a public hearing before an Administrative Law Judge beginning Monday, September 13, 2021, in Sioux Falls, S.D.

ISDA Press Briefing: ESG And Derivatives

Date 10/09/2021

Financial markets have a major role to play in global efforts to address climate change and the transition to a green economy. If countries are to meet their commitments to reduce carbon dioxide emissions to net zero by 2050, trillions of dollars of capital will need to be raised to invest in the infrastructure that is required. The derivatives market will be critical in enabling firms to manage the associated risks and supporting the development of voluntary trading of carbon credits. Over the past year, ISDA has developed a strategy to support this transition to a green economy, spanning standards, documentation and regulation. This virtual press briefing of senior industry executives explores ESG and derivatives.

CFTC Commitments of Traders Reports Update

Date 10/09/2021

The current reports for the week of September 07, 2021 are now available.

Nadex Refrains From Listing Certain Contracts

Date 10/09/2021

Due to activity in the underlying markets upon which the Nadex contracts are based and pursuant to the authority granted in Nadex Rule 12.1(i), Nadex took the following actions: 

• No EUR/JPY or GBP/USD 5-Minute contacts were listed for the 6:05pm ET expiration time on trade date September 6, 2021;

• No GBP/JPY, GBP/USD, or USD/CAD 5-Minute contacts were listed for the 6:05pm ET expiration time on trade date September 7, 2021;

• No GBP/JPY 5-Minute contacts were listed for the 6:05pm ET expiration time on trade date September 8, 2021.

Gridiron Capital Announces Class Valuation’s Acquisition Of Pendo Management, LLC

Date 10/09/2021

Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce that one of its portfolio companies, Class Valuation (the “Company”), has acquired Pendo Management, LLC (“Pendo”). Class Valuation is a leading, technology-enabled appraisal management company (“AMC”) focused on providing regulatory-compliant appraisals to the nation’s largest mortgage lenders and originators.

Miami International Holdings Reports August 2021 Trading Results, MIAX Exchange Group Sets New Market Share And Volume Records - SPIKES Futures Volume At Record Levels

Date 10/09/2021

Miami International Holdings, Inc. today reported August 2021 trading results for its U.S. exchange subsidiaries – MIAX®, MIAX Pearl® and MIAX Emerald® (together, the MIAX